The Senate's passage of legislation to eliminate incentives for clean energy means homeowners likely have until the end of the year before costs soar.

President Trump is meeting with a faction of conservative lawmakers at the White House who have threatened to sink his signature tax legislation.

The Internal Revenue Service's Electronic Tax Administration Advisory Committee delivered its annual recommendations.

Tariffs and the impact of government debt on the economy remain major concerns, according to a Grant Thornton survey.

President Donald Trump's multitrillion-dollar tax and spending package moved closer to reality after it passed the Senate.

The $3.3 trillion tax and spending cut bill passed the Senate after a furious push by Republican leaders to persuade holdouts to back the legislation.

The Senate narrowly approved President Trump's tax bill after Vice President JD Vance cast a tie-breaking vote following no votes from three Republican senators.

After Musk criticized the administration's tax bill, Trump threatened to withdraw government subsidies from Musk's companies and examine his immigration status.

The Senate worked through the night on the $3.3 trillion tax and spending package, with Republican leaders still negotiating with key GOP holdouts into the morning.

Helping clients through tax controversy cases with the IRS means knowing which battles are winnable.

Offer in compromise mills make promises to reduce taxpayers' debt to the IRS that they know they can't keep.

The Senate made adjustments to preserve the state and local tax deduction for pass-through entities such as accounting firms.

Senate Republicans remain at odds over how much to cut Medicaid and other social safety-net programs and how rapidly to end Biden-era clean energy tax breaks.

GOP senators voted in favor of the plan to count the extension of Trump's 2017 tax cuts as costing nothing by using an unprecedented accounting maneuver.

Senate Republicans restored major Medicaid cuts to Trump's signature economic legislation, re-fashioning a key provision to overcome a procedural obstacle.

The $4.5 trillion tax cut bill prevailed in a crucial Senate test vote after hours of negotiations between Vice President JD Vance, GOP leaders and Republican holdouts.

Senate Republicans appear to be making progress in resolving differences with House Republicans in the state and local tax deduction and other matters.

The agreement involved raising the limit on the state and local tax deduction to $40,000 a year for five years.

The remarks give Republican negotiators additional breathing room as lawmakers remain at loggerheads over several issues in the massive economic package.

Effort to eliminate regulations on short-barreled rifles, short-barreled shotguns and silencers hit a roadblock with the Senate parliamentarian.